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that larger than the economy, and it will stay that way for decades. lou: until everyone understands that there has to be a prudent, rational, fiscal policy pursued by both parties, we are on the verge, and seems to me, being a detonation in perpetuity. when you talk about growth, the only way to read at least deal with the problems that face us now is to restore growth. as you said, the big issue is growth. at think some of the most optimistic projections i have ever seen from a president whose economy is contracting combat least at the time he made the projectionon. are you kidding me? >> it is just not oing to happen in these circumstances, and that is one of the great fiction is that is being pushed at the american people is that we have to choose between gross and fixing our budget. we don't. fixing the budget is part of better growth. it is simply not a good growth policy to sail straight toward a fiscal disaster which is a we're heading for right now. we would be well advised to do a u-turn on the budget. we need a sensible, rational, bipartisan
that larger than the economy, and it will stay that way for decades. lou: until everyone understands that there has to be a prudent, rational, fiscal policy pursued by both parties, we are on the verge, and seems to me, being a detonation in perpetuity. when you talk about growth, the only way to read at least deal with the problems that face us now is to restore growth. as you said, the big issue is growth. at think some of the most optimistic projections i have ever seen from a president...
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Feb 10, 2013
02/13
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FBC
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israel with all the threats and all the dangers is booming, the economy is tech center of the whole world. i like that i believe jews are capable people. >> charles: i love those israeli companies. guys this is was a fun show. everyone, thanks for watching. forbes on fox is next. here is dave asmun. >> forget gridlock in washington. hitting us in our wallets. we are being hitting by real gridlock on the road. >> dave: a new report showing the average driver stuck in traffic is wasting a whopping $1880 a year. how do they want to fix it? with billions more with infrastructure spending wosmt it ork or only be a waste of time. welcome to forbes on fox. let's go with steve forbes and our panel. we got a full house today. steve, you say slam the brakes on this plan, why? >> because government involved is going to be a waste. you look at othernfrastructure fed ex and ups and railroads got out the way, great infrastructure, let's have the private equity involved, public-partnerships private partnerships and you get more for less. you get bloated wages and more bang for the buck by bringing in fr
israel with all the threats and all the dangers is booming, the economy is tech center of the whole world. i like that i believe jews are capable people. >> charles: i love those israeli companies. guys this is was a fun show. everyone, thanks for watching. forbes on fox is next. here is dave asmun. >> forget gridlock in washington. hitting us in our wallets. we are being hitting by real gridlock on the road. >> dave: a new report showing the average driver stuck in traffic is...
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>> the economy is going to be stagnant. right now cbo said growth 1.4%, we will continue to sputter along because we're ignores the private sector, the problem with tax code right now it more messed up than college football's dws, we need to -- bcs we need to fix it. david: are you going to expand in anyway if taxes go up more? >> no, because, the people that pay highest corporate tax rate in the world are people like me, small and medium size business businesses. david: john you are very happy being in bermuda but you are going to miss out on a great snowstorm. >> great seeing you. david: coming up, the naked truth about people who are going bare naked. more people showing skin, giving two major companies a whole lot of problems. >> up next, check your e-mail at night. demand a check? why you could get overtime for spending time on your blackberry or cell phone. we'll tell you details. i work for one. that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pa
>> the economy is going to be stagnant. right now cbo said growth 1.4%, we will continue to sputter along because we're ignores the private sector, the problem with tax code right now it more messed up than college football's dws, we need to -- bcs we need to fix it. david: are you going to expand in anyway if taxes go up more? >> no, because, the people that pay highest corporate tax rate in the world are people like me, small and medium size business businesses. david: john you...
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Feb 12, 2013
02/13
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WJLA
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. >> president obama's state of the union speech tonight will focus primarily on jobs and the economy. it is expected to be different than his inaugural address last month. >> the economy will be central to the speech and how we grow the economy so everybody can participate and get a fair shot. >> president a look at clean energy education, and infrastructure. he warns against the automatic spending cuts. adding additional spending would require congressional approval putting mr. obama on a collision course with house republicans. >> it's time for washington to get back to the basics. we cannot continue to spend money we don't have. >> mr. obama will collaborate on some of the big themes from his inaugural speech such as immigration, climate change, and gun violence. tomorrow he goes to north carolina for a speech to workers at an auto plant. the town has a small house where mr. obama visited before. >> they never tell us when he's coming. >> democrats are placing a big emphasis on gun-control tonight. gabby giffords will be in the house chamber as well as the parents of a slain chica
. >> president obama's state of the union speech tonight will focus primarily on jobs and the economy. it is expected to be different than his inaugural address last month. >> the economy will be central to the speech and how we grow the economy so everybody can participate and get a fair shot. >> president a look at clean energy education, and infrastructure. he warns against the automatic spending cuts. adding additional spending would require congressional approval putting...
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Feb 11, 2013
02/13
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sides of the ioc budget cuts scheduled to go into effect next month will have a negative impact on the economy >> it was designed as a budget threat not as a budget strategy ... is going to have a dramatic negative impact... >> the senator said more taxes are needed to solve the problem. republican house majority leader said most republicans want to fix the deficit without raising taxes. >> congressmanthe no. 2 republican in the u.s. house and now says he would support granting citizenship to children who are in the u.s. illegally >> they were brought here to no fault of their own >> president obama says immigration reform will be a top priority of his second term. a recent gallup poll shows that 72 percent of americans support policies that would have a path toward citizenship or residency for the more than one 11 million undocumented immigrants in the u.s. >> more than a billion people in china and other asian countries welcomed in "the year of the snake". fireworks lit up the midnight sky in beijing, celebrating the lunar new year of 47-10. in china's sichuan province the famous straw drago
sides of the ioc budget cuts scheduled to go into effect next month will have a negative impact on the economy >> it was designed as a budget threat not as a budget strategy ... is going to have a dramatic negative impact... >> the senator said more taxes are needed to solve the problem. republican house majority leader said most republicans want to fix the deficit without raising taxes. >> congressmanthe no. 2 republican in the u.s. house and now says he would support...
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Feb 8, 2013
02/13
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KQED
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>> partially it has to do with unfulfilled expectations, but also the economy. it is still stagnating. in tunis, the job rate is still high. there has not been any money coming in, as well as the fact that tourists are not coming in either anymore. >> how much of this is a clash between secularists and the islamist party? >> a lot of what is going on has to do with competition between two major blocs within the country. secular liberals looking for more of a cosmopolitan way of life and you also have islamists who are looking to arabize society and institute conservative policies related to social issues. >> how closely do you think egyptian leaders are watching what is going on in geneva, the birthplace of the arabs during after all? -- the arab spring after all? >> i think the egyptian leaders are probably jam packed with what is going on there. >> are you surprised by the vehemence of the clashes? >> it is not too surprising just because we have seen an increase in polarization over the last year. as a result, it has created more tensions between the two diff
>> partially it has to do with unfulfilled expectations, but also the economy. it is still stagnating. in tunis, the job rate is still high. there has not been any money coming in, as well as the fact that tourists are not coming in either anymore. >> how much of this is a clash between secularists and the islamist party? >> a lot of what is going on has to do with competition between two major blocs within the country. secular liberals looking for more of a cosmopolitan way...
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Feb 8, 2013
02/13
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WJLA
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year.
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year.
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Feb 11, 2013
02/13
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KICU
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but, aside from that, you look at the economy, things are moving. it is bouncing right along, and they are rebalancing the economy. you can see the service sector, the financial sector, different things moving. so i think in general things are moving in china. there is still a lot to be done and a lot of reform to be done, not the least of which is clean air and clean water. but i think these are things, initiatives to look forward to, and other than that, i think china is moving as expected, if not better. > we will take out our pollution put there tim. and what about the united states? what worries you about the market here? > > you know, not a lot worries me right now in this market. it is liquidity-driven. the fed is buying 80% of the treasury, which is unbelievable. i never thought i'd see that. so i think as long as that occurs, and that's occurring, and there's no riot in the bond market, if you will, then i think the market looks like it is poised to challenge its all-time high - that's the s&p. small caps and mid-caps already have. the dow
but, aside from that, you look at the economy, things are moving. it is bouncing right along, and they are rebalancing the economy. you can see the service sector, the financial sector, different things moving. so i think in general things are moving in china. there is still a lot to be done and a lot of reform to be done, not the least of which is clean air and clean water. but i think these are things, initiatives to look forward to, and other than that, i think china is moving as expected,...
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Feb 4, 2013
02/13
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MSNBC
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready o with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ but, dad, you've got... [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so...
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready o with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ but, dad, you've got... [ voice of dennis ] allstate. with accident forgiveness, they...
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Feb 8, 2013
02/13
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KICU
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economy. the u.s. economy is by far the biggest economy in the world. so we need europe as a trading partner, we need them to come out of this; but when europe was really struggling, that was not going to crush the u.s. as the u.s. get stronger - and we have been for the last two or three years - that is also going to help europe pull out. > bruce, you are a financial planning expert. what about people who are concerned that maybe they should change some of their holdings because of the worries that they have about europe? > > that is really the great point for a lot of viewers. if somebody is watching this right now, they are thinking, "does that mean i should put my 401k plan into cash?" and the answer is no. a well diversified portfolio with stocks and bonds and stocks in a lot of different asset classes, including europe, including asia, still makes sense. just know that there is going to be some volatility. > bruce helmer, thanks so much. > > thanks bill. thank you bill. still ahead: in or out? what's the better retail stock to own, one that's pure
economy. the u.s. economy is by far the biggest economy in the world. so we need europe as a trading partner, we need them to come out of this; but when europe was really struggling, that was not going to crush the u.s. as the u.s. get stronger - and we have been for the last two or three years - that is also going to help europe pull out. > bruce, you are a financial planning expert. what about people who are concerned that maybe they should change some of their holdings because of the...
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Feb 4, 2013
02/13
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CSPAN
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he is the james madison professor of political economy at princeton university, and contributing writer to "the new york times" economix blog. thank you for being with us. >> i am very honored by it. i should have added that i was delivered by a midwife, and of course my mother. i once told that to a member of the american medical association. he said, it shows. i am not sure what he meant. i divided my written statement into three parts. is our medical capability efficiently used? the answer is no. the second is, what public policy levers does congress have, given that we want more primary-care physicians, to move them into that field, and also to practice where they are needed? the third is, to what extent can financial incentives be used, which you have already answered him and talked about. the traditional model of workforce forecasting has been to focus on physician population ratios, as if all the other people who work in the primary care team did not matter. my whole career has been to say we should use non-physician workers far more imaginatively, he and let them practice indepe
he is the james madison professor of political economy at princeton university, and contributing writer to "the new york times" economix blog. thank you for being with us. >> i am very honored by it. i should have added that i was delivered by a midwife, and of course my mother. i once told that to a member of the american medical association. he said, it shows. i am not sure what he meant. i divided my written statement into three parts. is our medical capability efficiently...
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Feb 12, 2013
02/13
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KRON
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the economy will be the primary focus of the state of the union. the president will talk about job creation, and growing the economy. by investing in education, boosting clean energy production and reducing the deficit. in ways that don't burden seniors, the middle class or the poor gun control is another key element in the speech since the president is expected to continue his push for universal background checks and a ban on assault weapons and a limit on magazines and a reminder, you can watch the president's state of the union address live. on kron 4's 24-7 bay area news channel -- comcast 193. >> a french cardinal says, pope benedict's decision to resign. is a liberating act for future popes. the pontiff told a meeting of cardinals today -- he will be resigning at the end of this month. becoming the first pope to step down in some 600 years. he says he simply is not physically and mentally well enough. to do the job anymore. benedict is 85 years old. a successor will be chosen next month. >> a former member of navy seal team six. is breaking h
the economy will be the primary focus of the state of the union. the president will talk about job creation, and growing the economy. by investing in education, boosting clean energy production and reducing the deficit. in ways that don't burden seniors, the middle class or the poor gun control is another key element in the speech since the president is expected to continue his push for universal background checks and a ban on assault weapons and a limit on magazines and a reminder, you can...
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Feb 11, 2013
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. >> reporter: the economy, jobs and the middle class are expected to be center stage tuesday night as president obama delivers his fourth state of the unnon address. while foreshadowing his second term agenda, the president will also be trying to take the high ground from republicans in the fight over budget cuts. >> they'd rather ask more from the vast majority of americans and put our recovery at risk than close even a single tax loophole that benefits the wealthy. >> reporter: the president and democrats are demanding what they see as a fair balance. >> so what we do need is more revenue and more cuts. >> what i would like to see that is in big, balanced, bold promos sal. >> if interest's no deal by march 1st, deep, automatic spending cuts kick in. >> these indiscriminate reductions do not make sense and we're going to hurt a lot of people and it's up to the president to act now. >> reporter: but not everyone believes those across the board cuts known as sequester could hurt the economy. >> president's now counter walling about the sequester, so are many of the republicans. people
. >> reporter: the economy, jobs and the middle class are expected to be center stage tuesday night as president obama delivers his fourth state of the unnon address. while foreshadowing his second term agenda, the president will also be trying to take the high ground from republicans in the fight over budget cuts. >> they'd rather ask more from the vast majority of americans and put our recovery at risk than close even a single tax loophole that benefits the wealthy. >>...
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Feb 10, 2013
02/13
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WBAL
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cuts could cause a huge blow to the economy. but republicans firmly oppose more tax revenue as a solution. >> the problem is, david, every time you turn around, the answer is to raise taxes. and, you know, he just got his tax hike on the wealthy. and you can't in this town every three months raise taxes. >> reporter: while some of the president's most prominent items fell well below the economy in budget deficit among top concerns, mr. obama is prepared to cast them in economic terms as well, citing the benefitof attracting the world's best minds. the president's tone will matter, tomatter t, too. >> he can continue the approach he's taken, cl which is very mu an outside game. turn up the heat. or he can go to a more conciliatory tone. >> reporter: he has three stops after the speech, asheville, north carolina. atlanta, georgia. winding down in his hometown of chicago. >> all right, peter. we want to remind everyone, nbc news will have live coverage of the state of union address on tuesday at 9:00 eastern. >>> gunfire erupted on
cuts could cause a huge blow to the economy. but republicans firmly oppose more tax revenue as a solution. >> the problem is, david, every time you turn around, the answer is to raise taxes. and, you know, he just got his tax hike on the wealthy. and you can't in this town every three months raise taxes. >> reporter: while some of the president's most prominent items fell well below the economy in budget deficit among top concerns, mr. obama is prepared to cast them in economic...
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Feb 10, 2013
02/13
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WRC
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the economy and job creation are expected to take center stage in the annual speech. today on "meet the press" congressional leaders from both parties said they're anxious to hear what the president has to say about the looming sequester. >> the president believes and i agree within tax reform we can find additional savings over the next ten years. use that to move toward deficit reduction and still keep this economy moving forward. >> i want reductions in spending that make sense. these indiscriminate reductions do not make sense, and we're going to hurt a lot of people. >> president obama added a third stop in his post-state of the union tour. he's going to travel to chicago, north carolina, and georgia to discuss proposals unveiled in his speech on tuesday. his speech on tuesday. >>> the familmy bad. tell me you have good insurance. yup, i've got... [ voice of dennis ] ...allstate. really? i was afraid you'd have some cut-rate policy. nope, i've got... [ voice of dennis ] the allstate value plan. it's their most affordable car insurance -- and you still get an alls
the economy and job creation are expected to take center stage in the annual speech. today on "meet the press" congressional leaders from both parties said they're anxious to hear what the president has to say about the looming sequester. >> the president believes and i agree within tax reform we can find additional savings over the next ten years. use that to move toward deficit reduction and still keep this economy moving forward. >> i want reductions in spending that...
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it is good for the economy and it is good for the environment. >> i do not know if there is a web site for a period. >> we will get you there. of the investigationcoming up next the investigation after a garage exploded overnight in the far south suburbs. plus a familiar face at the daley center this morning as mayor emmanuel reported for jury duty. a lot of you may have heard about probiotics but may not realize what they can do for your health. we know what it takes to look good on the outside but with 70% of our immune system located in our gut the core of our health is truly on the inside. that's why i take new trubiotics. it's a daily probiotic that helps in two ways. one helps support digestive health the other immune health. stay true to your health. new trubiotics. from the makers of one-a-day. the motive appears to be robbery. when authorities went to the house through the suspects were busy partying. the son of a police sergeant. investigators are trying to determine whether a gas leak caused a garage explosion. the garage in the home had collapsed. officials say it appears a
it is good for the economy and it is good for the environment. >> i do not know if there is a web site for a period. >> we will get you there. of the investigationcoming up next the investigation after a garage exploded overnight in the far south suburbs. plus a familiar face at the daley center this morning as mayor emmanuel reported for jury duty. a lot of you may have heard about probiotics but may not realize what they can do for your health. we know what it takes to look good...
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Feb 12, 2013
02/13
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WGN
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admininistration officials say the economy will also be a major focus of tonight's address. the president will talk about his plans to boost the economy increase jobs, and expand the middle class. several local parents of gun victims will be attending the president's speech. carolyn murray will be sitting in the gallery at the state of the union tonight. her son, justin, was shot and killed in evanston, in november. he was not the intended target, and no one has been arrested. murray says she hopes to make lawmakers more aware of what's happening in the country. my son is not coming back. she hopes there is time to talk to the president. illinois senator mark kirk released a video statement today. urging president obama and congress to take a serious look at legislation to protect americans from gun violence. lukens and democrats in a way that is practical legislation. that actually passes the house and senate and actually save lives. kirk suffered a stroke the week before last year's state of the union address but plans to be there tonight. he returned to congress last mont
admininistration officials say the economy will also be a major focus of tonight's address. the president will talk about his plans to boost the economy increase jobs, and expand the middle class. several local parents of gun victims will be attending the president's speech. carolyn murray will be sitting in the gallery at the state of the union tonight. her son, justin, was shot and killed in evanston, in november. he was not the intended target, and no one has been arrested. murray says she...
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Feb 5, 2013
02/13
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FOXNEWSW
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war on women everything but the bad economy. strategic, purposeful? >> yes, but i would like to concentrate what is being repeated on the "new york times" and editorials why the president himself, he says if we want to do something to reduce these gun shootings all we have to do is for the american people to want to do something. no, we need the aclu and mentally ill to stop this shooting. this kid that was kidnapped in alabama and finally released, that was crazy man that took him. everyone knew he was crazy. american sniper great american male, more shots at the enemy he was killed by a man with a history of mental problems. >> sean: conservative talk radio. >> aurora, tucson, this is crazy people. everything they are telling you what they can do about guns is lie. problem with universal background checks one,have them now. any licensed gun dealer is performing a background check. if you are walking through a gun show, everybody is doing background checks. the only people who are not suggested to background checks are people giving them to their son
war on women everything but the bad economy. strategic, purposeful? >> yes, but i would like to concentrate what is being repeated on the "new york times" and editorials why the president himself, he says if we want to do something to reduce these gun shootings all we have to do is for the american people to want to do something. no, we need the aclu and mentally ill to stop this shooting. this kid that was kidnapped in alabama and finally released, that was crazy man that took...
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Feb 10, 2013
02/13
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LINKTV
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they did and the power to the people, but what they did not give them is a booming economy is jobs. the economic and social problems inherited have not disappeared. they have become real problems for a suddenly rocky post- revolutionary road. al-jazeera, tunis. >> this storm has battered the eastern coast and moving north into canada. power has been cut off in three provinces. 40 centimeters is expected to fall in no rush gauche of -- and noblesse scotia and new brunswick. -- nova scotia and new brun swick. >> boston remains quiet as emergency crews tried to clear the streets to get the city moving. >> it will take some time to get this moving. it is a necessary prerequisite to getting power restored. >> damaging homes, flooding streets car prompted evaluation. many are still without power in the region. travel by car or by flood is no easy task. suburbs of new york were also buried. >> it's absolutely horrible. hopefully it will be 50 degrees on monday and this will melt. there's no place for this note. >> dozens of vehicles are still stranded on long island expressway. some were a
they did and the power to the people, but what they did not give them is a booming economy is jobs. the economic and social problems inherited have not disappeared. they have become real problems for a suddenly rocky post- revolutionary road. al-jazeera, tunis. >> this storm has battered the eastern coast and moving north into canada. power has been cut off in three provinces. 40 centimeters is expected to fall in no rush gauche of -- and noblesse scotia and new brunswick. -- nova scotia...
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Feb 12, 2013
02/13
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WUSA
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you can expect to hear a lot about the economy. but critics say once re-elected, the president pivoted and his spent most of his second term working on social issues such as gun control and immigration reform. the white house disagrees. >> there's no pivot here. the president's principal preoccupation since he ran for office in 2007 has been what we need to do to make our economy work for the middle class. >> reporter: in the republican response, florida senator marco rubio is exchanpected to make t case of how less regulation can create more jobs and the need for education reform to train the middle class for jobs. while the president will focus largely on domestic issues, words last night that north korea has performed a new nuclear test could make national security a bigger part of the speech. >> the president made clear publicly his desire to further reduce nuclear arms. >> reporter: president obama issued a statement saying north korea's nuclear test is highly provocative. >> reporter: soon after the speech, the president hitt
you can expect to hear a lot about the economy. but critics say once re-elected, the president pivoted and his spent most of his second term working on social issues such as gun control and immigration reform. the white house disagrees. >> there's no pivot here. the president's principal preoccupation since he ran for office in 2007 has been what we need to do to make our economy work for the middle class. >> reporter: in the republican response, florida senator marco rubio is...
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Feb 11, 2013
02/13
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cuts could cause a huge blow to the economy. but republicans firmly oppose more tax revenue as a solution. >> the problem is, david, every time you turn around, the answer is to raise taxes. and, you know, he just got his tax hike on the wealthy. and you can't in this town ever three months raise taxes. >> reporter: while some of the president's most prominent items fallwell below the economy in budget deficits, among americans' top concerns, mr. obama is expected to cast them in economic terms as well, citing among other things, the benefits of attracting the world's best minds. the president's tone will matter, too, as he faces a choice between confrontation and compromise. >> he can continue the approach he's taken, which is very much an outside game, pressure the congress, turn up the heat. or he can go for a more conciliatory approach in this speech. >> reporter: the president will follow up his speech by taking his state of the union message on the road. he has three stops after the speech. they are asheville, north caroli
cuts could cause a huge blow to the economy. but republicans firmly oppose more tax revenue as a solution. >> the problem is, david, every time you turn around, the answer is to raise taxes. and, you know, he just got his tax hike on the wealthy. and you can't in this town ever three months raise taxes. >> reporter: while some of the president's most prominent items fallwell below the economy in budget deficits, among americans' top concerns, mr. obama is expected to cast them in...
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Feb 4, 2013
02/13
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. >>> of course, there's the economy with mixed reports last week detailing a drop in gdp coupled with better than expected job growth as the stock market booms. president obama said in that interview with cbs, there needs to be some new revenue involved. he might be going after people like mitt romney. >> there's no doubt that we need additional revenue, coupled with smart spending reductions in order to bring down our deficits. we can do it in a gradual way. when you look at these deductions that people are able to take advantage of, the average person can't take advantage of. the average person doesn't have access to cayman island accounts. so, we just want to make sure that the whole system is fair. >> all right, today is the day one in the new job for secretary of state john kerry, he got an early start over the weekend, he reached out to world leaders by phone, pledging to continue pushing for peace talks. >>> the senate armed services committee is expected to vote his nomination to senate. former white house press secretary robert gibbs was on meet the press, admitted that it wa
. >>> of course, there's the economy with mixed reports last week detailing a drop in gdp coupled with better than expected job growth as the stock market booms. president obama said in that interview with cbs, there needs to be some new revenue involved. he might be going after people like mitt romney. >> there's no doubt that we need additional revenue, coupled with smart spending reductions in order to bring down our deficits. we can do it in a gradual way. when you look at...
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israel with all the threats and all the dangers is booming, the economy is tech center of the whole world. i like that i believe jews are capable people. >> charles: i love those israeli companies. guys this is was a fun show. everyone, thanks for watching. forbes on fox is next. here is dave asmun. >> forget gridlock in washington. hitting us in our wallets. we are being hitting by real gridlock on the road. >> dave: a new report showing the average driver stuck in traffic is wasting a whopping $1880 a year. how do they want to fix it? with billions more with infrastructure spending wosmt it work or only be a waste of time. welcome to forbes on fox. let's go with steve forbes and our panel. we got a full house today. steve, you say slam the brakes on this plan, why? >> because government involved is going to be a waste. you look at other infrastructure fed ex and ups and railroads got out the way, great infrastructhe private equity involved, public-partnerships private partnerships and you get more for less. you get bloated wages and more bang for the buck by bringing in free market. >>
israel with all the threats and all the dangers is booming, the economy is tech center of the whole world. i like that i believe jews are capable people. >> charles: i love those israeli companies. guys this is was a fun show. everyone, thanks for watching. forbes on fox is next. here is dave asmun. >> forget gridlock in washington. hitting us in our wallets. we are being hitting by real gridlock on the road. >> dave: a new report showing the average driver stuck in traffic is...
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Feb 11, 2013
02/13
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germany is setting the model for future economy. germany is being like calvin coolidge because it's the saver country of europe. can they save grease and help the spenders? >> from that time your life has changed dramatically. you dedicate this book to who? >> my four children. my four children with my husband seth, journalist and editor. our oldest son goes to university of texas. our second son at west point. we have a daughter who is in high school and helen is in 6th grade. >> you've been fairly visible working? >> that's right i'm a columnist. >> where do you write? >> i write for bloomberg. >> how often? >> it's a regular column. i'd say less regular now because of various bumps. but i've been a columnist for ten years. >> council on fourn relations are you still with them? >> no. i was a fellow in economic history for years and i've recently moved over to a new foundation, president bush 43's foundation which is going to be wonderful. i'm interested in presidential history. president bush is a wonderful leader with an enormou
germany is setting the model for future economy. germany is being like calvin coolidge because it's the saver country of europe. can they save grease and help the spenders? >> from that time your life has changed dramatically. you dedicate this book to who? >> my four children. my four children with my husband seth, journalist and editor. our oldest son goes to university of texas. our second son at west point. we have a daughter who is in high school and helen is in 6th grade....
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he went light on the economy, he's clearly going to go heavy on the economy this time. but i expect him to do it that way, rather than to bring in a lot of new stuff. this is clearly -- the white house is clearly looking at all of this as a continuum, where they build from one speech to the next and then go out on the road. i disagree with paul on one thing. i think that over the last four years, beginning when he went to the republican caucus in -- a few months after his election and said i won, just remember it. he's had a my way or the highway view and he's done very little consultation. the fact is, he's done very little consultation even with his own party. but he's certainly done very little with the opposition. his problem right now is that while the democrats control the senate, the republicans control the house, essentially this last election was for purposes of legislative negotiation, was a tie. and he's got to adjust himself to that or else play, as i think he is, for 2014 when i think he hopes to take the house -- >> we're just about out of time. paul, how
he went light on the economy, he's clearly going to go heavy on the economy this time. but i expect him to do it that way, rather than to bring in a lot of new stuff. this is clearly -- the white house is clearly looking at all of this as a continuum, where they build from one speech to the next and then go out on the road. i disagree with paul on one thing. i think that over the last four years, beginning when he went to the republican caucus in -- a few months after his election and said i...
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Feb 11, 2013
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economy. china is one of the most aggressive perpetrators. check your credit reports. 21% have errors. that could lead people to pay more for credit. gas prices continue to drive higher. $3.58. the price of crude oil has been rising since december. talking about job creation. the president expected to talk about spending on infrastructure. the s&p on friday closing at a high on friday. a new mountain dew breakfast drink that is 5% juice and has vitamin b and c. the world's largest fortune cookie maker has removed romantic messages after parents complained. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> now weather and traffic together on the 1's. >> good morning. we have some rain to start the day. give yourself a couple of extra minutes. we have rain at the airport. it will be a mild afternoon. mostly cloudy this afternoon, 55 . snow in chicago, 34. cold but dry in denver. >> good morning. we have just rained out there. you could use some extra time to get out there. 56 on southbound 95 down to the 895
economy. china is one of the most aggressive perpetrators. check your credit reports. 21% have errors. that could lead people to pay more for credit. gas prices continue to drive higher. $3.58. the price of crude oil has been rising since december. talking about job creation. the president expected to talk about spending on infrastructure. the s&p on friday closing at a high on friday. a new mountain dew breakfast drink that is 5% juice and has vitamin b and c. the world's largest fortune...
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Feb 12, 2013
02/13
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obama is expected to focus on the economy. democrats and republicans say they are anxious to hear the president's plan to get more people back to work during this second term. >> the sooner we begin to address our fiscal problem, i think the sooner the economy will begin to improve. >> the president is also expected to ask congress to invest more in education, clean energy and repairing the nation's crumbling roads and bridges. he'll take his state of the union message on the road later this week with stops in asheville, north carolina, atlanta and chicago. >>> musician and gun advocate ted nugent is making the trip to d.c. for the state of the union address. he'll be the guest of steve stockman. he's been outspoken in his support for the national rifle association and his dislike of the president. he was investigated by the secret service last year after saying if president obama were re-elected, he would, quote, either be dead or in jail. stockman said he is excited to sit nugent next to him and is pretty sure he'll have a l
obama is expected to focus on the economy. democrats and republicans say they are anxious to hear the president's plan to get more people back to work during this second term. >> the sooner we begin to address our fiscal problem, i think the sooner the economy will begin to improve. >> the president is also expected to ask congress to invest more in education, clean energy and repairing the nation's crumbling roads and bridges. he'll take his state of the union message on the road...
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do you see the economy growing? >> the good news is the economy is growing. but the bad news it is such a slow rate, a glacier like speed. but that is great news for the market. because that allows the fed to keep lumping the money. lou: harvey eisen, it is great to have you here. >> thank you. lou: turning to the box office. a romantic comedy featuring a zombie heartthrob. "warm bodies" earning $20 million in its opening weekend. younger audiences accounting for 65% of those ticket sales. coming in fourth is "hansel and gretel", and then "silver linings playbook." so the super bowl on a power outage. they believe that it was caused due to the superdome's electrical system. no one knows who and what is responsible. it may take days to actually verify the most recent explanation. we have now moved from super bowl blackout to acknowledging responsibility, even outside washington dc. i'm next, the mayor of the murder capital of america america. we will outline it in the "chalk talk" next. and the escalating violence has jesse jackson calling for law. he's not ta
do you see the economy growing? >> the good news is the economy is growing. but the bad news it is such a slow rate, a glacier like speed. but that is great news for the market. because that allows the fed to keep lumping the money. lou: harvey eisen, it is great to have you here. >> thank you. lou: turning to the box office. a romantic comedy featuring a zombie heartthrob. "warm bodies" earning $20 million in its opening weekend. younger audiences accounting for 65% of...
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the president and congress agree we need to be growing our economy. we need to be growing jobs. we need to be growing our exports. this is an industry that offers all three of those things so whether we are impacting lives by hiring people in high-paying jobs or doing what we do every day and that is to provide better quality of life for patients and longevity, you are right, we impact lives in many ways. charles: we don't have a lot of time but i want to say good luck with this. i think it is outrageous and we hope we will talk to you soon. >> thanks. charles: want to ask about this. i don't know where the administration, why they targeted these guys. they don't have the lobby the big drug companies have. sandra: that is right. there is movement among democrats to repeal this because it is so noxious. i read a first semi monthly payment under the obamacare tax is an astounding $97 million. they are already talking about rolling back r&d which you pointed out, job layoffs and some of our most innovative companies are talking about taking companies ove
the president and congress agree we need to be growing our economy. we need to be growing jobs. we need to be growing our exports. this is an industry that offers all three of those things so whether we are impacting lives by hiring people in high-paying jobs or doing what we do every day and that is to provide better quality of life for patients and longevity, you are right, we impact lives in many ways. charles: we don't have a lot of time but i want to say good luck with this. i think it is...
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jeff: do you feel good about what you see in the economy? this is no better barometer than trucks like this, no better barometer of the economy. >> good doesn't describe it. we feel great about where the industry is. i think what you are seeing is the auto industry is turning out to be the bright spot of the economy. we're sort of leading the way -- we're sort of leading the way. we're very confident about where we're going. jeff: you sound confident about the future. liz: can you ask him if his trucks are also bought by a lot of contractors which is how say for example the ford is pushing their new atlas truck that they would like to get out on the market? jeff: that's a great point. percentage of buyers that are contractors, small business guys for these trucks as opposed to consumers who just want to ride around in a truck? >> well, recently for us. it's been about 40% of the buyers who have been buying the tundra for work. then a large percentage are buying it for personal use. the general contractor that just needs a truck for his work,
jeff: do you feel good about what you see in the economy? this is no better barometer than trucks like this, no better barometer of the economy. >> good doesn't describe it. we feel great about where the industry is. i think what you are seeing is the auto industry is turning out to be the bright spot of the economy. we're sort of leading the way -- we're sort of leading the way. we're very confident about where we're going. jeff: you sound confident about the future. liz: can you ask him...
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economy? >> that particular policy, yes. >> in your projections, you pointed out that the four-year average is 18% of revenue compared to g.d.p. and your projections are going to get 19%. i would like to point out, we only had 13 instances where revenue hit 19%. but i would like to show a chart here. we have had a wide variety of top marginal tax rates, the attempt to punish success, which is the wrong way to go. >> in your we are+ is the wrong way to go. pushing. but it's amazing how incredibly tight the average around that 18.in my case, 1% over 50-year average. what makes you think we can extract about 19% of revenue when we haven't been able to do it regardless of how we try to punish success? >> there are a lot of other features in the tax code and one could draw pictures like that that showed rates applying to people. income distribution, set of changes that have been made to what sort of income is taxed, what deductions and credits are available. our projection is under current tax law,
economy? >> that particular policy, yes. >> in your projections, you pointed out that the four-year average is 18% of revenue compared to g.d.p. and your projections are going to get 19%. i would like to point out, we only had 13 instances where revenue hit 19%. but i would like to show a chart here. we have had a wide variety of top marginal tax rates, the attempt to punish success, which is the wrong way to go. >> in your we are+ is the wrong way to go. pushing. but it's...
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we are seeing really good lift in the economy. but i don't think it is going to be the kind of lift that is going to bring a lot of negativity to the fixed income market especially as long as baseline inflation remains low. so, you know, again optimistic. there is a little bit of a cloud over the best sector of the market. that is the tax-free muni market until congress decides how they want to treat the tax exemption. until we clear that path i think it will be tough sledding until we get into the later spring and beginning of summer. liz: good to see you both. ryan detrick and kevin geddes thanks for coming on. david: i think it will be easy sleding next 24, to 48 hours. liz: we're still waiting. it is starting to come down. snow is falling outside the studio here in new york. 6th avenue freezeout. it is not sticking. it is expected to get worse as the storm travels up the northeast coast. find out just how bad right after the break. david: just how real is the housing recovery? hear why david stockman, ronald reagan's office of
we are seeing really good lift in the economy. but i don't think it is going to be the kind of lift that is going to bring a lot of negativity to the fixed income market especially as long as baseline inflation remains low. so, you know, again optimistic. there is a little bit of a cloud over the best sector of the market. that is the tax-free muni market until congress decides how they want to treat the tax exemption. until we clear that path i think it will be tough sledding until we get into...
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the economy and the possibility of sequestration are expected to dominate the evening. the federal government faces massive spending cuts march 1. many economists predict those cuts could turn the nation back into recession. you could watch these did of the union address right here on abc 7 beginning at 9:00. gordon peterson will be live at the capitol. >> that is always great for us. a major mass in the district after a tree comes down right on top of a metro bus. it came crashing down on the rear of that bus in northwest on 16th street. no one was hurt, but the incident -- incident forced police to close streets. >> tommy wells of the center of a controversy. he claims that to gain stop stores have used cell phones for sale and many were stolen from d.c. residents. >> still and smart phones have been a huge issue in the district. here at gamestop, they sell used funds. a lot of stolen funds may have wound up in stores like this one. we got these stores side of the story and is very different. today on twitter tommy wells wrote that two game stop stores were found to h
the economy and the possibility of sequestration are expected to dominate the evening. the federal government faces massive spending cuts march 1. many economists predict those cuts could turn the nation back into recession. you could watch these did of the union address right here on abc 7 beginning at 9:00. gordon peterson will be live at the capitol. >> that is always great for us. a major mass in the district after a tree comes down right on top of a metro bus. it came crashing down...